Wirex may suffer card outage in EEA due to UAB PayrNet licensing issue
Debit cards offered through crypto payment service Wirex may stop functioning in the European Economic Area (EEA), according to a June 23 email the company...
Belgian financial regulator orders Binance to cease all virtual currency services
The Belgian Financial Services and Markets Authority (FSMA) has ordered major cryptocurrency exchange Binance to stop offering crypto exchange and custody wallet services. In a June...
2024 election could play a key role in crypto regulation, says Coinbase CEO
Key takeaways Brian Armstrong believes next year’s presidential election could be crucial to the crypto industry’s regulation. He pointed out that the crypto industry needs...
Binance.US solves USD withdrawal issues but warns it won’t last long
U.S. crypto exchange Binance.US has informed customers it has resolved its U.S. dollar withdrawal issues after working with its banking partners but warns the relief...
Cryptopay EU card provider loses license, company says card funds are safe
The European Union debit card provider for Cryptopay has lost its Electronic Money Institution (EMI) license, according to a June 22 email sent to its...
Fed sees stablecoin as form of money, wants ‘robust’ role in its oversight, Powell says
The United States Federal Reserve Board sees payment stablecoins as a form of money, Chair Jerome Powell said during questioning at the House of Representatives...
Bitcoin up 36% YoY after China warned BTC was ‘heading to zero’
The government of China has tried hard to make people believe that Bitcoin (BTC) would become worthless, but its predictions to date have been far...
Era of trading crypto as non-securities is over, says exchange exec
Amid lawsuits against United States-based exchanges like Coinbase and Binance.US, an executive at a domestic digital asset firm has noted the legal implications of these...
Sui Blockchain awards blockchain security firm CertiK $500K CertiK
Sui awarded CertiK for identifying a vulnerability dubbed “HamsterWheel” on Sui Blockchain. The “HamsterWheel” vulnerability traps nodes in an endless loop similar to hamsters jogging...
Binance cancels registration in the UK amid regulatory scrutiny
Troubled cryptocurrency exchange Binance continues to withdraw from major markets amid the ongoing pushback from global regulators.Binance Markets Limited (BML), Binance’s United Kingdom-based subsidiary, has...